Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.7 to 9.8.
Financials
Financial year 2025
REUSE from Antwerpen, company number BE0404543547, closed financial year 2025 with a result of € 68,183 after tax. For that financial year REUSE recorded revenue of € 7.4 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 2.1 million to € 68,183. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,183
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 412,450
▲ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
9.8
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 854,300
▼ 12% vs 2024
€ 87,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,732
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 810,967
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 151,230
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,247,945 | € 8,674,836 | € 8,849,624 | € 7,381,241 | ▼ 17% |
| Profit after taxes | € 517,020 | € 285,099 | € 2,098,661 | € 68,183 | ▼ 97% |
| Equity | € 1,824,225 | € 1,824,324 | € 1,922,986 | € 1,991,168 | ▲ 4% |
| Total debts | € 1,292,103 | € 1,943,664 | € 3,431,952 | € 971,028 | ▼ 72% |
| Cash | € 181,854 | € 569,152 | € 316,264 | € 412,450 | ▲ 30% |
| Retained profit | € 1,324,225 | € 1,324,324 | € 1,422,986 | € 1,491,168 | ▲ 5% |
| Dividend | € 500,000 | € 285,000 | € 2,000,000 | € 0 | ▼ 100% |
| Bank debt | € 99,796 | € 70,064 | € 39,796 | € 0 | ▼ 100% |
| Balance sheet total | € 3,116,328 | € 3,767,988 | € 5,354,938 | € 2,962,197 | ▼ 45% |
| Employees (FTE) | 12.4 | 11.7 | 11 | 9.8 | ▼ 1.2 |
Key figures of REUSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to REUSE?
What happened at REUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jeremy Delafosse stepped down as director. NBB
- Jérôme Bordes stepped down as director. NBB
- Balguerie Gestion et Participation (BGP) SA stepped down as director. NBB
- Xavier Lassalle stepped down as director. NBB
- Tomas Steppe stepped down as director. NBB
- Antoine Thomas stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 68,183 (▼ 97% vs 2024). Source: NBB ↗
- Jeremy Delafosse became a director. NBB
In short
From € 517,020 profit in 2022 to € 68,183 profit in 2025.
Paid € 138,584 in corporate taxes since 2022.
Best year ever: 2024, with € 2.1 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2028
Jérôme Bordes
Director
since 2025 · until 2028
Balguerie Gestion et Participation (BGP) SA
Director · represented by Patrick Thomas
Also active at: Reuse Immo
since 2025 · until 2028
Xavier Lassalle
Director
since 2025 · until 2028
Tomas Steppe
Managing director
Also active at: STEPPE OFFICE SERVICES, REUSE TRADING, GAME OF TRADES, ISOLA, Reuse Immo
since 2025 · until 2028
Antoine Thomas
Director
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Te Boelaarlei 37
2140 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →KONSULT
REUSE TRADING same network
€ 247.7 million revenue · 2025
GAME OF TRADES same network
€ 30,000 revenue · 2025
GIANT Logistics
€ -14,839 gross margin · 2022
Reuse Immo same network
€ 133,173 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0404.543.547
- VAT number
- BE 0404.543.547
- Registered office
- Te Boelaarlei 37, 2140 Antwerpen
- Names & denominations
- REUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1959
- Peppol
- Active · Active since 2 Jan 2026
- Contact
- reusetrading.be
- Activities · NACE
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